Triangle Pattern with Alligator Indicator Confluence Strategy (Part-2)
Friends…….
Thanks for continuing reading the earnmoneyfx.com strategy. Hope it will help your trading
life.
Triangle Pattern with Alligator Indicator Confluence Strategy (Part-1), we discussed
about what Triangle pattern is and How to identify Ascending Triangle pattern, Descending
Triangle pattern and Symmetrical Triangle pattern.
The below link is for your ready reference.
Triangle pattern with Alligator Indicator Confluence Entry-Exit Strategy (Part-2), we
discuss below strategy elaborately with chart and details,
1. Ascending Triangle pattern with Alligator indicator Confluence Entry-Exit
Strategy (BUY),
2. Descending Triangle pattern with Alligator indicator Confluence Entry-Exit
Strategy (SELL),
3. Symmetrical Triangle pattern with Alligator indicator Confluence Entry-Exit
Strategy (BUY),
4. Symmetrical Triangle pattern with Alligator indicator Confluence Entry-Exit
Strategy (SELL).
Let’s explore all…….
Ascending Triangle pattern with Alligator indicator Confluence Entry-Exit
Strategy (BUY)
Image point number – 1, Price cross Alligator. It is a good sign if the price continues. Its time
to observe and watch movies……ha ha ha
Image point number – 2, Yah, As the expected price goes up. Great. Also, the movie was good.
A professional trader doesn’t trade always. They trade when market-directed. Otherwise,
they watch movie, read noble, exercise, etc. As a professional trader this time also we have
nothing to do. We just watched a movie. Let’s read a great noble….. The Intelligent Investor
authored by BENJAMIN GRAHAM.
Image point number – 3, Excellent, Price goes sideways. Let’s continue reading The
Intelligent Investor authored by BENJAMIN GRAHAM.
Image point number – 4, Alligator also sleeping. Let him sleep because this time we have
nothing to do. Also, we have completed The Intelligent Investor authored by BENJAMIN
GRAHAM.
Image point number – 5, Wait….Wait…..Seems Alligator wake up. Its time to close The
Intelligent Investor authored by BENJAMIN GRAHAM. Ohio ….as an Ascending Triangle
pattern with Alligator indicator Confluence Entry-Exit Strategy (BUY) rules we need an equal
top and Higher low. So again wait and read The Intelligent Investor authored by
BENJAMIN GRAHAM.
Image point number – 6, OK, equal top created. May be market gives us a chance to
Ascending Triangle pattern with Alligator indicator Confluence Entry-Exit Strategy (BUY)
rules trade but till not confirmed.
Image point number – 7, Excellent…… Higher low also created. At last, the market will give us
chance to Ascending Triangle pattern with Alligator indicator Confluence Entry-Exit
Strategy (BUY) rules trade if a breakout occurs.
Image point number – 8, Pattern BREAKOUT occurred. Stop reading The Intelligent
Investor authored by BENJAMIN GRAHAM. Its time to read the market. It’s ENTRY time. Just
catch the exact entry point with proper money management and position sizing.
Image point number – 9, As Breakout strategy, we know that price must have to retest to
prove that its actual breakout. Yeah RETEST is complete here. It’s an actual Breakout.
Image point number – 10, Though its confluence strategy now its time to see what
position is Alligator. Very good….. Alligators wake up.
Image point number – 11, No doubt …….Its ENTRY time of Ascending Triangle pattern
with Alligator indicator Confluence Entry-Exit Strategy (BUY) rules because of Ascending
Triangle pattern breakout and Alligator indicator wake up.
Let’s Entry with proper money management with position sizing.
Image point number – 12, Put stop loss as below of entry candlesticks or breakout
candlesticks or retest level below whatever you like which also determined if you are
conservative trader or an aggressive trader.
Image point number – 13, let’s measure pattern take profit level.
Image point number – 14, Put take profit on measure pattern take profit level. Also, its
time to apply set and forget theory…….. So again start read the book The Intelligent Investor
authored by BENJAMIN GRAHAM.
Descending Triangle pattern with Alligator indicator Confluence Entry-Exit
Strategy (SELL),
Image point number – 1, Price cross Alligator. It is a good sign if the price continues. Its time
to observe and watch movie……ha ha ha
Image point number – 2, Yah, As the expected price goes down. Great. Also, the movie was good.
A professional trader doesn’t trade always. They trade when market-directed. Otherwise,
they watch the movie, read noble, exercise, etc. As a professional trader this time also we have
nothing to do. We just watched a movie. Let’s read a great noble….. The Intelligent Investor
authored by BENJAMIN GRAHAM.
Image point number – 3, Excellent, Price goes sideways. Let’s continue reading The
Intelligent Investor authored by BENJAMIN GRAHAM.
Image point number – 4, Alligator also sleeping. Let him sleep because this time we have
nothing to do. Also, we have completed The Intelligent Investor authored by BENJAMIN
GRAHAM.
Image point number – 5, Wait….Wait…..Seems Alligator wake up. Its time to close The
Intelligent Investor authored by BENJAMIN GRAHAM. Ohio ….as a Descending Triangle
pattern with Alligator indicator Confluence Entry-Exit Strategy (SELL) rules we need equal
bottom and lower High. So again wait and read The Intelligent Investor authored by
BENJAMIN GRAHAM.
Image point number – 6, OK, equal bottom created. May be market gives us a chance to
Descending Triangle pattern with Alligator indicator Confluence Entry-Exit Strategy (SELL)
rules trade but till not confirmed.
Image point number – 7, Excellent…… Lower High also created. At last, the market will give us
chance to Descending Triangle pattern with Alligator indicator Confluence Entry-Exit
Strategy (SELL) rules trade if a breakout occurs.
Image point number – 8, Pattern BREAKOUT occurred. Stop reading The Intelligent
Investor authored by BENJAMIN GRAHAM. Its time to read the market. It’s ENTRY time. Just
catch the exact entry point with proper money management and position sizing.
Image point number – 9, As Breakout strategy, we know that price must have to retest to
prove that its actual breakout. Yeah RETEST is complete here. It’s an actual Breakout.
Image point number – 10, Though its confluence strategy now its time to see what
position is Alligator. Very good….. Alligators wake up.
Image point number – 11, No doubt …….Its ENTRY time of Descending Triangle pattern
with Alligator indicator Confluence Entry-Exit Strategy (SELL) rules because of Ascending
Triangle pattern breakout and Alligator indicator wake up.
Let’s Entry with proper money management with position sizing.
Image point number – 12, Put stop loss as above of entry candlesticks or breakout
candlesticks or retest level above whatever you like which also determined if you are
conservative trader or an aggressive trader.
Image point number – 13, let’s measure pattern take profit level.
Image point number – 14, Put take profit on measure pattern take profit level. Also, its
time to apply set and forget theory…….. So again start read the book The Intelligent Investor
authored by BENJAMIN GRAHAM.
Symmetrical Triangle pattern with Alligator indicator Confluence Entry-Exit
Strategy (BUY),
Image point number – 1, Price cross Alligator. It is a good sign if the price continues. Its time
to observe and watch movie……ha ha ha
Image point number – 2, Yah, As the expected price goes up. Great. Also, the movie was good.
The professional trader doesn’t trade always. They trade when market-directed. Otherwise,
they watch a movie, read noble, exercise, etc. As a professional trader this time also we have
nothing to do. We just watched a movie. Let’s read a great noble….. The Intelligent Investor
authored by BENJAMIN GRAHAM.
Image point number – 3, OK, higher low created. May be market gives us a chance to
Symmetrical Triangle pattern with Alligator indicator Confluence Entry-Exit Strategy (BUY)
rules trade but till not confirmed.
Image point number – 4, Excellent…… Lower high also created. At last, the market will give us
chance to Symmetrical Triangle pattern with Alligator indicator Confluence Entry-Exit
Strategy (BUY) rules trade if a breakout occurs.
Image point number – 5, Pattern BREAKOUT occurred. Stop reading The Intelligent
Investor authored by BENJAMIN GRAHAM. It’s time to read the market. It’s ENTRY time. Just
catch the exact entry point with proper money management and position sizing.
Image point number – 6, Though its confluence strategy now its time to see what position
is Alligator. Very good….. Alligators wake up.
Image point number – 7, No doubt …….Its ENTRY time of Symmetrical Triangle pattern
with Alligator indicator Confluence Entry-Exit Strategy (BUY) rules because of Ascending
Triangle pattern breakout and Alligator indicator wake up.
Let’s Entry with proper money management with position sizing.
Image point number – 8, Put stop loss as below of entry candlesticks or breakout
candlesticks or retest level below whatever you like which also determined if you are
conservative trader or an aggressive trader.
Image point number – 9, let’s measure pattern take profit level.
Image point number – 10, Put take profit on measure pattern take profit level. Also, its
time to apply set and forget theory…….. So again start read the book The Intelligent Investor
authored by BENJAMIN GRAHAM.
Symmetrical Triangle pattern with Alligator indicator Confluence Entry-Exit
Strategy (SELL),
Image point number – 1, Price cross Alligator. It is a good sign if the price continues. Its time
to observe and watch movie……ha ha ha
Image point number – 2, Yah, As the expected price goes down. Great. Also, the movie was good.
A professional trader doesn’t trade always. They trade when market-directed. Otherwise,
they watch the movie, read noble, exercise, etc. As a professional trader this time also we have
nothing to do. We just watched a movie. Let’s read a great noble….. The Intelligent Investor
authored by BENJAMIN GRAHAM.
Image point number – 3, OK, higher low created. May be market gives us a chance to
Symmetrical Triangle pattern with Alligator indicator Confluence Entry-Exit Strategy
(SELL) rules trade but till not confirmed.
Image point number – 4, Excellent…… lower High also created. At last, the market will give us
chance to Symmetrical Triangle pattern with Alligator indicator Confluence Entry-Exit
Strategy (SELL) rules trade if a breakout occurs.
Image point number – 5, Pattern BREAKOUT occurred. Stop reading The Intelligent
Investor authored by BENJAMIN GRAHAM. Its time to read the market. Its ENTRY time. Just
catch the exact entry point with proper money management and position sizing.
Image point number – 6, Though its confluence strategy now its time to see what position
is Alligator. Very good….. Alligators wake up.
Image point number – 7, No doubt …….Its ENTRY time of Symmetrical Triangle pattern
with Alligator indicator Confluence Entry-Exit Strategy (SELL) rules because of Ascending
Triangle pattern breakout and Alligator indicator wake up.
Let’s Entry with proper money management with position sizing.
Image point number – 8, Put stop loss as below of entry candlesticks or breakout
candlesticks or retest level below whatever you like which also determined if you are
conservative trader or an aggressive trader.
Image point number – 9, let’s measure pattern take profit level.
Image point number – 10, Put take profit on measure pattern take profit level. Also, its
time to apply set and forget theory…….. So again start read the book The Intelligent Investor
authored by BENJAMIN GRAHAM.
——- Thanks for giving your valuable time to read this article ——–